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FINANCE FRIDAYS!! is happening in 7 hours
Insights into todays funding market
Grand rising tribe. We had something interesting happen yesterday that can benefit all Fundops clients.I had a personal friend whose son is in the NFL contact me for funding for his wife. Wife had over 50k in personal credit cards, 780+ Fico and a 2 year old LLC. MONTHS ago I shared with this friend the relationship banking process ( Seasoning bank accounts ) which never got established at the time. They went to chase yesterday , opened the business checking account , deposited 5k .... we introduced to the RM at CHASE and to my surprise, this client was only approved for 14k when I for sure estimated a 50-75k approval. I then went on to manually fill out the second application and to my surprise DECLINE! We called the reconsideration line for the banker to say , well you JUST opened a business checking account you were declined because we do not have enough information / data on the business. I share this with you guys because the relationship banking part of the process is one of the most crucial steps in getting larger approvals. Steps To Follow : 5-8 transactions monthly on the PRIME bank account we recommended If you can also get a payroll account and pay yourself from the business checking account bi weekly this adds points to your internal scores If you cannot, order checks and pay yourself bi weekly. All business transactions must run through this account with no negative days throughout the month Personal + Savings + Business Checking account with the lender goes a long way if you can. The market is changing , CHASE changed everything once again, we must get re committed , re focused to cross the finish line. Hope this helped =Your Funding Coach Timo
Insights into todays funding market
Finance Fridays Vol 1 & Vol 2 are Live🐺
Hey Tribe, #VOL 1 : FIN FRIDAYS : 10 COMMANDMENTS & #VOL 2 : FIN FRIDAYS : 10 COMMANDMENTS CONTINUED are now live in the Finance Fridays module (located in the classroom) Both recordings just dropped in the Finance Friday Module: πŸ“ Vol 1 β€” The 10 Commandments of Business Operations (Part 1) β†’ Commandments 1-5: Position your business for success, acquire customers on autopilot, innovate & sell more, maximize profitability, and lead effective teams. πŸ“ Vol 2 β€” The 10 Commandments of Business Operations (Part 2) β†’ Commandments 6-10: Maximize people productivity, use data & metrics strategically, execute at pace & high standards, implement effective technologies, and market relentlessly. Plus credit bureau updates, the Original Instrument of Indebtedness strategy, the Blue Ink Method, the A-F Player Framework, KPIs every business owner needs, and a full Q&A. This is the exact operational playbook we use to run 7-figure funding operations. πŸ”’ Level 3 members only. If you're not Level 3 yet β€” now you have a reason to be.
Knowledge is the New Currency πŸ’‘
Grand Rising FundOps fam! πŸŒ… The one thing that separates people who stay stuck from people who build wealth? πŸ‘‡ πŸ“š Financial Literacy. You cannot fix what you do not understand. You cannot dispute errors if you cannot read your report. You cannot get funded if you do not know what lenders want. πŸ’‘ This is why credit repair and funding go hand in hand πŸ‘‡ πŸ’³ Credit Repair β€” clean up your score and open doors you never knew existed. πŸ’Ό Business Funding β€” position your business right and turn that NO into a YES. πŸ”₯ The more you know the more powerful you become. πŸ’ͺ πŸ“š FundOps Weekend Study Challenge Drop in the comments πŸ‘‡ 1️⃣ What topic you are studying this weekend 2️⃣ Why you chose it Not sure where to start? Check our FREE Classroom on the dashboard! πŸŽ“ And join us every other Friday for Finance Fridays, live coaching on business credit, funding strategies and financial growth! πŸ”₯ On Monday come back to your comment and reply with what you learned! We will be cheering you on! πŸ† Let's grow together fam! πŸ“šπŸ’ͺ
The Only Move That Matters is the Next OneπŸ“Œ
Grand Rising! Happy Monday! As we kick off this new week just a gentle reminder for all of us: βœ”οΈProgress happens when we take action on what we already know. βœ”οΈWe all have tasks, next steps and responsibilities waiting for us. βœ”οΈThe process happens when we stop overthinking and just start doing. πŸ”ΊThis week let's challenge ourselves to finish what is already on our plate before adding anything new. One step at a time, one task at a time. That is how we build momentum and that is exactly the kind of discipline that takes us to the next level. πŸ”ΊYou already have everything you need. Now let's go execute! πŸ’¬ Tell us, what is the ONE thing on your list that you have been putting off? Drop and comment it below and let the community cheer you on! πŸ‘‡πŸ”₯
FINANCE FRIDAYS IS UPON US
HELLO TRIBE, We will be hosting our very first FINANCE FRIDAYS in one hour. Quick check in, who will be showing up? The first one will be available to the entire community... after today's session only paid members will have access. We will be reviewing "THE 10 COMMANDMENTS OF BUSINESS"
FINANCE FRIDAYS IS UPON US
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